PublicationsInsights on Current Policy Issues

  • December 17, 2018

    By David E. Franasiak, Joel G. Oswald, Leah H. Kim, and Rebecca L. Konst

    This memorandum provides an update of federal action on cryptocurrencies, including enforcement and guidance. It also provides a summary of Congressional activity relating to cryptocurrencies and blockchain technology.

     

    Read...

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  • August 13, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

    Read...

    Read More
  • January 11, 2018

    By Frank Vlossak

    Since taking office, President Trump and his Administration have worked toward regulatory reform that includes the review, revision, and repeal of existing regulations, with a focus on rules promulgated by the Obama Administration. Congress has played a key role in this effort, through the use of the Congressional Review Act to repeal rules finalized in the waning months of the prior Administration, as well as one rule issued by the Consumer Financial Protection Bureau (CFPB) in 2017.

    President Trump signed a series of executive orders in the early months of his presidency that are propelling the deregulatory efforts of federal agencies. These executive orders: set a cap limiting regulations in Fiscal Year 2017 to zero net cost; provide agencies with a framework for limiting new regulations and identifying existing rules to repeal or revise; direct review and revision or repeal of the “Waters of the United States” rule issued by the Obama Administration; and require review and reform of energy and climate-related regulations.

     

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The House will meet at 9:00 a.m. in a Pro Forma Session. No votes are expected in the House.

THE HOUSE

 

Yesterday

  • SUMMARY OF LEGISLATIVE BUSINESS
    • Ordering the Previous Question on H. Res. 519 - The combined rule providing for consideration of the bill H.R. 3877 - Bipartisan Budget Act of 2019 and of the bill H.R. 549 - Venezuela TPS Act of 2019, as amended
      • - PASSED 234 - 195, ROLL CALL 508
    • Adoption of H. Res. 519 - The combined rule providing for consideration of the bill H.R. 3877 - Bipartisan Budget Act of 2019 and of the bill H.R. 549 - Venezuela TPS Act of 2019, as amended
      • - ADOPTED 232 - 197, ROLL CALL 509
    • Postponed Suspension Vote:
      • 1) H.R. 693 - PAST Act, as amended
        • - ON THE MOTION TO SUSPEND THE RULES AND PASS
          • - PASSED 333 - 96, ROLL CALL 510
    • H.R. 3877 - Bipartisan Budget Act of 2019
      • - PASSED 284 - 149, ROLL CALL 511
    • Massie Motion to Amend the Long Title
      • - REJECTED 47 - 384, ROLL CALL 512
    • Motion to  Recommit on H.R. 549 - Venezuela TPS Act of 2019, as amended
      • - REJECTED 215 - 217, ROLL CALL 513
    • Passage of H.R. 549
      • - PASSED 272 - 158, ROLL CALL 514
    • 1) H.R. 3352 - Department of State Authorization Act of 2019, as amended
      • - ON THE MOTION TO SUSPEND THE RULES AND PASS
        • - PASSED BY VOICE
    • 2) H.R. 3670 - Short-Term Detention Standards Act, as amended
      • - ON THE MOTION TO SUSPEND THE RULES AND PASS
        • - PASSED BY VOICE
    • 3) H.R. 2336 - Family Farmer Relief Act of 2019
      • - ON THE MOTION TO SUSPEND THE RULES AND PASS
        • - PASSED BY VOICE

 

Today

  • The House will meet at 9:00 a.m. in a Pro Forma session. No votes are expected in the House.

 

THE SENATE

 

Yesterday

  • Roll Call Votes
    1. Confirmation of Executive Calendar #375, General Mark A. Milley, to be Chairman of the Joint Chiefs of Staff; confirmed: 89-1.
  • Legislative Business
    • Passed Calendar #47, H.R.504: DHS Field Engagement Accountability Act.
    • Passed Calendar #111, S.1275: FACE Act.
    • Passed H.R.2196: to reduce the credit hour requirement for the Edith Nourse Rogers STEM Scholarship program of the Department of Veterans Affairs.
    • Passed H.R.1569: to add Flagstaff and Yuma to the list of locations in which court shall be held in the judicial district for the States of Arizona.
    • Adopted S.Res.286: designating July 26, 2019, as “United States Intelligence Professionals Day”.
    • Passed H.R.3253: to provide for certain extensions with respect to the Medicaid program under title XIX of the Social Security Act, and for other purposes with a Blunt substitute amendment.
    • Completed the Rule 14 process to place on the Legislative Calendar of Business S.2258, to provide anti-retaliation protections for antitrust whistleblowers. (Grassley)
  • Executive Business
    • Confirmed Executive Calendar #125 – Joseph V. Cuffari, of Arizona, to be Inspector General, Department of Homeland Security.

 

Today

  • The Senate is not in Session.

 

Hearings Covered by W&J Today

 

House Oversight and Reform
The Patient Perspective: The Devastating Impacts of Skyrocketing Drug Prices on American Families

 

Notable Legislation Introduced

 

Energy

H.R.3983 — 116th Congress (2019-2020) To provide for Federal and State agency coordination in the approval of certain authorizations under the Natural Gas Act, and for other purposes. Sponsor: Rep. Flores, Bill [R-TX-17] (Introduced 07/25/2019) Cosponsors: (3) Committees: House - Energy and Commerce Latest Action: House - 07/25/2019 Referred to the House Committee on Energy and Commerce.

S.2299 — 116th Congress (2019-2020) A bill to amend title 49, United States Code, to enhance the safety and reliability of pipeline transportation, and for other purposes. Sponsor: Sen. Fischer, Deb [R-NE] (Introduced 07/25/2019) Cosponsors: (1) Committees: Senate - Commerce, Science, and Transportation Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Commerce, Science, and Transportation.

S.2288 — 116th Congress (2019-2020) A bill to amend title VI of the Public Utility Regulatory Policies Act of 1978 to establish a Federal energy efficiency resource standard for electricity and natural gas suppliers, and for other purposes. Sponsor: Sen. Smith, Tina [D-MN] (Introduced 07/25/2019) Cosponsors: (2) Committees: Senate - Energy and Natural Resources Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Energy and Natural Resources.

 

Financial Services

H.R.4076 — 116th Congress (2019-2020) To require the Securities and Exchange Commission to implement rules simplifying the quarterly financial reporting regime. Sponsor: Rep. Wagner, Ann [R-MO-2] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4074 — 116th Congress (2019-2020) To create a safe harbor for insurers engaging in the business of insurance in connection with a cannabis-related business, and for other purposes. Sponsor: Rep. Velazquez, Nydia M. [D-NY-7] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4067 — 116th Congress (2019-2020) To amend the Consumer Financial Protection Act of 2010 to direct the Office of Community Affairs to identify causes leading to, and solutions for, under-banked, un-banked, and underserved consumers, and for other purposes. Sponsor: Rep. Scott, David [D-GA-13] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4064 — 116th Congress (2019-2020) To require all newly constructed, federally assisted, single-family houses and town houses to meet minimum standards of visitability for persons with disabilities. Sponsor: Rep. Schakowsky, Janice D. [D-IL-9] (Introduced 07/25/2019) Cosponsors: (5) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4047 — 116th Congress (2019-2020) To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data. Sponsor: Rep. Meeks, Gregory W. [D-NY-5] (Introduced 07/25/2019) Cosponsors: (0) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4037 — 116th Congress (2019-2020) To promote uniformity and reciprocity among States that license insurance claims adjusters and to facilitate prompt and efficient adjusting of insurance claims, and for other purposes. Sponsor: Rep. Kustoff, David [R-TN-8] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Financial Services, Agriculture Latest Action: House - 07/25/2019 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.4029 — 116th Congress (2019-2020) To amend the McKinney-Vento Homeless Assistance Act to enable Indian Tribes and tribally designated housing entities to apply for, receive, and administer grants and subgrants under the Continuum of Care Program of the Department of Housing and Urban Development. Sponsor: Rep. Heck, Denny [D-WA-10] (Introduced 07/25/2019) Cosponsors: (2) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4023 — 116th Congress (2019-2020) To reform the inspection process of housing assisted by the Department of Housing and Urban Development, and for other purposes. Sponsor: Rep. Ferguson, A. Drew, IV [R-GA-3] (Introduced 07/25/2019) Cosponsors: (0) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.4008 — 116th Congress (2019-2020) To prohibit the use of biometric recognition technology in certain federally assisted dwelling units, and for other purposes. Sponsor: Rep. Clarke, Yvette D. [D-NY-9] (Introduced 07/25/2019) Cosponsors: (2) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

H.R.3987 — 116th Congress (2019-2020) To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to provide relief to nonbanks from certain stress test requirements under such Act. Sponsor: Rep. Loudermilk, Barry [R-GA-11] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Financial Services, Agriculture Latest Action: House - 07/25/2019 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

H.R.3958 — 116th Congress (2019-2020) To make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA and to prevent foreclosures on FHA borrowers, and for other purposes. Sponsor: Rep. Waters, Maxine [D-CA-43] (Introduced 07/25/2019) Cosponsors: (5) Committees: House - Financial Services Latest Action: House - 07/25/2019 Referred to the House Committee on Financial Services.

S.2293 — 116th Congress (2019-2020) A bill to extend the authority of the Export-Import Bank of the United States and to modify the quorum requirement of the Bank, and for other purposes. Sponsor: Sen. Cramer, Kevin [R-ND] (Introduced 07/25/2019) Cosponsors: (9) Committees: Senate - Banking, Housing, and Urban Affairs Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.2291 — 116th Congress (2019-2020) A bill to require all newly constructed, federally assisted, single-family houses and town houses to meet minimum standards of visitability for persons with disabilities. Sponsor: Sen. Duckworth, Tammy [D-IL] (Introduced 07/25/2019) Cosponsors: (0) Committees: Senate - Banking, Housing, and Urban Affairs Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.2279 — 116th Congress (2019-2020) A bill to make necessary reforms to improve compliance with loss mitigation requirements by servicers of mortgages for single family housing insured by the FHA, and for other purposes. Sponsor: Sen. Cortez Masto, Catherine [D-NV] (Introduced 07/25/2019) Cosponsors: (1) Committees: Senate - Banking, Housing, and Urban Affairs Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

S.2266 — 116th Congress (2019-2020) A bill to extend group flood insurance policy assistance for victims of the 2016 West Virginia floods, and for other purposes. Sponsor: Sen. Manchin, Joe, III [D-WV] (Introduced 07/25/2019) Cosponsors: (0) Committees: Senate - Banking, Housing, and Urban Affairs Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 

Health

H.R.4063 — 116th Congress (2019-2020) To amend title XVIII of the Social Security Act to provide for coverage of certified adult day services under the Medicare program, and for other purposes. Sponsor: Rep. Sanchez, Linda T. [D-CA-38] (Introduced 07/25/2019) Cosponsors: (3) Committees: House - Ways and Means, Energy and Commerce Latest Action: House - 07/25/2019 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.4056 — 116th Congress (2019-2020) To provide certain coverage of audiologist services under the Medicare program, and for other purposes. Sponsor: Rep. Rice, Tom [R-SC-7] (Introduced 07/25/2019) Cosponsors: (9) Committees: House - Energy and Commerce, Ways and Means Latest Action: House - 07/25/2019 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.4013 — 116th Congress (2019-2020) To require the Center for Medicare and Medicaid Innovation to test the effect of including telehealth services in Medicare health care delivery reform models. Sponsor: Rep. Curtis, John R. [R-UT-3] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Energy and Commerce, Ways and Means Latest Action: House - 07/25/2019 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.4010 — 116th Congress (2019-2020) To amend the Public Health Service Act to establish insulin assistance programs, and for other purposes. Sponsor: Rep. Craig, Angie [D-MN-2] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Energy and Commerce, Ways and Means Latest Action: House - 07/25/2019 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.3984 — 116th Congress (2019-2020) To improve access to emergency medical services, and for other purposes. Sponsor: Rep. Flores, Bill [R-TX-17] (Introduced 07/25/2019) Cosponsors: (2) Committees: House - Energy and Commerce Latest Action: House - 07/25/2019 Referred to the House Committee on Energy and Commerce.

H.R.3974 — 116th Congress (2019-2020) To require the use of prescription drug monitoring programs. Sponsor: Rep. Ryan, Tim [D-OH-13] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Energy and Commerce Latest Action: House - 07/25/2019 Referred to the House Committee on Energy and Commerce.

H.R.3965 — 116th Congress (2019-2020) To amend the Public Health Service Act to provide for enhancements to requirements for public disclosure of hospital price data. Sponsor: Rep. Lipinski, Daniel [D-IL-3] (Introduced 07/25/2019) Cosponsors: (0) Committees: House - Energy and Commerce Latest Action: House - 07/25/2019 Referred to the House Committee on Energy and Commerce.

 

Tax

H.R.4079 — 116th Congress (2019-2020) To simplify and improve the Federal student loan program through income-contingent repayment to provide stronger protections for borrowers, encourage responsible borrowing, and save money for taxpayers. Sponsor: Rep. Zeldin, Lee M. [R-NY-1] (Introduced 07/25/2019) Cosponsors: (0) Committees: House - Education and Labor, Ways and Means Latest Action: House - 07/25/2019 Referred to the Committee on Education and Labor, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.4045 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to expand the credit for expenditures to provide access to disabled individuals, and for other purposes. Sponsor: Rep. McEachin, A. Donald [D-VA-4] (Introduced 07/25/2019) Cosponsors: (18) Committees: House - Ways and Means, Judiciary, Education and Labor, Transportation and Infrastructure, Energy and Commerce Latest Action: House - 07/25/2019 Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Education and Labor, Transportation and Infrastructure, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for...

H.R.4043 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to protect employees in the building and construction industry who are participants in multiemployer plans, and for other purposes. Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (Introduced 07/25/2019) Cosponsors: (4) Committees: House - Ways and Means, Education and Labor Latest Action: House - 07/25/2019 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee...

H.R.4017 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to establish Lifelong Learning and Training Account programs. Sponsor: Rep. DelBene, Suzan K. [D-WA-1] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.4011 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 require lead remediation for qualified opportunity zone property originally constructed before January 1, 1978. Sponsor: Rep. Cummings, Elijah E. [D-MD-7] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.4005 — 116th Congress (2019-2020) To require the Commissioner of Internal Revenue to submit a report on the Taxpayer Identification Number Perfection Program. Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1] (Introduced 07/25/2019) Cosponsors: (9) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.4002 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to provide for flexible giving accounts, and for other purposes. Sponsor: Rep. Buchanan, Vern [R-FL-16] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3999 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to allow for a credit against tax for placing in service qualified broadband property to expand the level of broadband service in a qualified rural census tract. Sponsor: Rep. Bergman, Jack [R-MI-1] (Introduced 07/25/2019) Cosponsors: (2) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3992 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to include individuals receiving Social Security Disability Insurance benefits under the work opportunity credit, increase the work opportunity credit for vocational rehabilitation referrals, qualified SSI recipients, and qualified SSDI recipients, expand the disabled access credit, and enhance the deduction for expenditures to remove architectural and transportation barriers to the handicapped and elderly. Sponsor: Rep. Harder, Josh [D-CA-10] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3971 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to repeal the inclusion in gross income of Social Security benefits. Sponsor: Rep. Massie, Thomas [R-KY-4] (Introduced 07/25/2019) Cosponsors: (16) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3970 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive employee remuneration, and for other purposes. Sponsor: Rep. Doggett, Lloyd [D-TX-35] (Introduced 07/25/2019) Cosponsors: (35) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3967 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to permanently modify the limitations on the deduction of interest by financial institutions which hold tax-exempt bonds, and for other purposes. Sponsor: Rep. Sewell, Terri A. [D-AL-7] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3966 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to reduce social security payroll taxes and to reduce the reliance of the United States economy on carbon-based energy sources, and for other purposes. Sponsor: Rep. Lipinski, Daniel [D-IL-3] (Introduced 07/25/2019) Cosponsors: (1) Committees: House - Ways and Means, Energy and Commerce, Education and Labor, Rules Latest Action: House - 07/25/2019 Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, Education and Labor, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the...

H.R.3963 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency. Sponsor: Rep. Budd, Ted [R-NC-13] (Introduced 07/25/2019) Cosponsors: (0) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

H.R.3961 — 116th Congress (2019-2020) To amend the Internal Revenue Code of 1986 to provide for an extension of the energy credit and the credit for residential energy efficient property. Sponsor: Rep. Thompson, Mike [D-CA-5] (Introduced 07/25/2019) Cosponsors: (24) Committees: House - Ways and Means Latest Action: House - 07/25/2019 Referred to the House Committee on Ways and Means.

S.2290 — 116th Congress (2019-2020) A bill to amend the Internal Revenue Code of 1986 to expand the credit for expenditures to provide access to disabled individuals, and for other purposes. Sponsor: Sen. Duckworth, Tammy [D-IL] (Introduced 07/25/2019) Cosponsors: (7) Committees: Senate - Finance Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Finance.

S.2289 — 116th Congress (2019-2020) A bill to amend the Internal Revenue Code of 1986 to provide for an extension of the energy credit and the credit for residential energy efficient property. Sponsor: Sen. Cortez Masto, Catherine [D-NV] (Introduced 07/25/2019) Cosponsors: (15) Committees: Senate - Finance Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Finance.

S.2276 — 116th Congress (2019-2020) A bill to amend the Internal Revenue Code of 1986 to protect employees in the building and construction industry who are participants in multiemployer plans, and for other purposes. Sponsor: Sen. Blunt, Roy [R-MO] (Introduced 07/25/2019) Cosponsors: (3) Committees: Senate - Finance Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Finance.

S.2268 — 116th Congress (2019-2020) A bill to amend the Internal Revenue Code of 1986 to expand the denial of deduction for certain excessive remuneration, and for other purposes. Sponsor: Sen. Reed, Jack [D-RI] (Introduced 07/25/2019) Cosponsors: (7) Committees: Senate - Finance Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Finance.

S.2262 — 116th Congress (2019-2020) A bill to provide for phased-in payment of Social Security Disability Insurance payments during the waiting period for individuals with a terminal illness. Sponsor: Sen. Barrasso, John [R-WY] (Introduced 07/25/2019) Cosponsors: (7) Committees: Senate - Finance Latest Action: Senate - 07/25/2019 Read twice and referred to the Committee on Finance.

PublicationsInsights on Current Policy Issues

  • December 17, 2018

    By David E. Franasiak, Joel G. Oswald, Leah H. Kim, and Rebecca L. Konst

    This memorandum provides an update of federal action on cryptocurrencies, including enforcement and guidance. It also provides a summary of Congressional activity relating to cryptocurrencies and blockchain technology.

     

    Read...

    Read More
  • August 13, 2018

    By David E. Franasiak, Joel G. Oswald, Michael D. Kans, and Rebecca L. Konst

     This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

     

    Read...

    Read More
  • January 11, 2018

    By Frank Vlossak

    Since taking office, President Trump and his Administration have worked toward regulatory reform that includes the review, revision, and repeal of existing regulations, with a focus on rules promulgated by the Obama Administration. Congress has played a key role in this effort, through the use of the Congressional Review Act to repeal rules finalized in the waning months of the prior Administration, as well as one rule issued by the Consumer Financial Protection Bureau (CFPB) in 2017.

    President Trump signed a series of executive orders in the early months of his presidency that are propelling the deregulatory efforts of federal agencies. These executive orders: set a cap limiting regulations in Fiscal Year 2017 to zero net cost; provide agencies with a framework for limiting new regulations and identifying existing rules to repeal or revise; direct review and revision or repeal of the “Waters of the United States” rule issued by the Obama Administration; and require review and reform of energy and climate-related regulations.

     

    Read...

    Read More

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